$TIA /USDT Trading Signal - Reversal Potential Near Key Support
Current Price: $4.609
24H Range: $4.560 - $5.597
Analysis:
The price is currently testing the lower range of the 24-hour support at $4.560, with resistance at EMA(7) $4.700 and EMA(25) $4.994. Bearish momentum is evident with the price below EMA(99) $5.261, suggesting short-term selling pressure.
Potential Setup:
Entry Zone: $4.580 - $4.620
Targets:
Target 1: $4.800
Target 2: $5.000
Target 3: $5.300
Stop Loss: $4.500
Observation:
A bounce from $4.560 could trigger a short-term recovery. Watch for a break above $4.700 to confirm bullish momentum toward higher targets. Failure to hold $4.560 may result in further downside.
Actionable Advice:
Monitor for increased buying volume around $4.600 to confirm a potential reversal.
Secure profits at each target level and adjust stop-loss to mitigate risk.
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